No. 6
When does a margin call hit?
$66.67
With $5,000 cash at 2× leverage and a 25% maintenance margin, the call hits at $66.67 — 100 shares, a $5,000 loan, and equity of $1,667 at the call.
Big ideaA margin call is not a prediction — it is a price: the moment your equity falls to the maintenance margin, the broker sells, whether you agree or not.
Break it1.5–3× leverage, 10–30% maintenance margin